Terra Classic (LUNC) Price Down 3.7% This Week

Terra Classic (LUNC) traded 1.3% higher against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on March 6th. Terra Classic has a market cap of $356.08 million and $13.82 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. During the last seven days, Terra Classic has traded down 3.7% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded down 0.9% against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Tezos (XTZ) traded up 4.3% against the dollar and now trades at $0.79 or 0.00000866 BTC.
• aelf (ELF) traded 1% higher against the dollar and now trades at $0.25 or 0.00000273 BTC.
• Terra (LUNA) traded 1.3% higher against the dollar and now trades at $0.21 or 0.00000234 BTC.
• Adshares (ADS) traded up 0.8% against the dollar and now trades at $0.56 or 0.00000622 BTC.
• GXChain (GXC) traded 1.9% lower against the dollar and now trades at $0.25 or 0.00000271 BTC.
• BitShares (BTS) traded up 0.1% against the dollar and now trades at $0.0011 or 0.00000001 BTC.

About Terra Classic

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,501,690,364,548 coins and its circulating supply is 5,459,304,783,423 coins. The official website for Terra Classic is commonwealth.im/terra-luna-classic-lunc. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official message board is medium.com/terra-money.

According to CryptoCompare, “LUNC, previously Luna, is the original token of the Terra blockchain, renamed Terra Classic after governance proposal 1623 by the Terra community, following the UST depegging event. This original chain, with disabled market swaps (mint/burn function), is represented by LUNC. It serves as the native staking asset in the Terra Classic network, securing its Proof of Stake (PoS) system and facilitating governance participation. Despite the creation of a new Terra chain, LUNC remains functional within the Terra Classic ecosystem, acting as collateral for its stablecoins and earning transaction fee rewards. The development of LUNC, as part of the broader Terra blockchain ecosystem, was heavily influenced by the Terra community, especially post-UST depegging, through key governance decisions and rebranding initiatives. Terra, the ecosystem’s founding platform, was co-created by Do Kwon and Daniel Shin, marking a significant collaboration in the cryptocurrency world.”

Buying and Selling Terra Classic

It is usually not presently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView